Effective October 1, 2014, the new National Average Weekly Wage will increase pursuant to Section 10 of the Longshore and Harbor Workers' Compensation Act (LHWCA) to $688.51, which constitutes a 2.25% increase over last year. This increased National Average Weekly Wage means that the new maximum weekly compensation rate under the LHWCA is $1,377.02 and the new minimum weekly compensation rate is $344.26. The maximum compensation rate under the LHWCA is capped at twice the National Average Weekly Wage. Likewise, the minimum compensation rate under the LHWCA has a floor of one-half the National Average Weekly Wage.
About Luzuriaga Mims, LLP
Luzuriaga Mims, LLP isan insurance defense firm based in Charleston, South Carolina. LuzuriagaMims primary practice areas are: Longshore Defense, Workers' CompensationDefense, and Litigation. Luzuriaga Mims Longshore Defense practice isnationwide with a primary focus on the east and gulf coasts, specificallyCharleston, South Carolina, Savannah & Brunswick, Georgia, Wilmington,North Carolina, and Jacksonville, Florida. The Workers' CompensationDefense practice spans South Carolina and Georgia, and the Litigation practicegroup focuses on the defense of suits arising in South Carolina. For moreinformation, visit www.lmlawllp.com.